Nanning Sugar
Last updated November 4, 2026
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Overview
Nanning Sugar (Nanning Sugar Industry Co., Ltd.) is a Chinese sugar manufacturing company headquartered in Nanning, Guangxi. It is engaged in the production and sale of sugar, primarily from sugarcane, and is one of the listed sugar enterprises in China. The company operates within the sugar industry chain, which includes sugarcane cultivation, sugar milling, and the sale of refined sugar and related by-products. As a sugar producer, Nanning Sugar's business is closely tied to the sugarcane harvest and the sugar market in Guangxi, the largest sugarcane-producing region in China. The company's products are used in food and beverage manufacturing, as well as direct consumer consumption. Its operations are subject to the cyclical nature of agricultural production and sugar prices. The company is listed on the Shenzhen Stock Exchange under the ticker 000911. Its official website is nnsugar.com. Further details about its ownership structure, production capacity, and financial performance are available through public disclosures.
History
Nanning Sugar Industry Co., Ltd. is a sugar enterprise based in Nanning, Guangxi, China. The company was established to engage in the production and sale of sugar, leveraging Guangxi's position as a major sugarcane-growing region. It operates sugar mills and related facilities in the region. The company is listed on the Shenzhen Stock Exchange under the stock code 000911. Over the years, it has been involved in the sugar industry chain, from sugarcane procurement to sugar processing and sales. Its history is tied to the development of the sugar industry in Guangxi, which is China's largest sugarcane and sugar production base. As a listed company, Nanning Sugar has undergone various corporate developments, including potential restructuring and asset adjustments typical of state-linked enterprises in the sector. However, specific details about its founding date, ownership changes, and major historical events are not provided in the available evidence.
Listed on the Shenzhen Stock Exchange under stock code 000911.
Controversies
2026
2023–2024 financial indicators falsely recorded, investigation opened; negative net assets lead to *ST
Nanning Sugar Industry (Guangnong Sugar Industry), due to false records of financial indicators in its 2023–2024 annual reports, received in 2026 a prior administrative penalty notice from the Guangxi bureau of the CSRC; at the end of 2025, net assets were negative and it was subject to delisting risk warning; the company continued to lose money, with a 2022 net loss attributable to shareholders of 458 million yuan. Prior administrative penalty notice; *ST.
Recent events
Reported
Nanning Sugar Industry reports 2020 results[4]
Nanning Sugar Industry released its 2020 annual report, reporting revenue of 3.547 billion yuan and net profit attributable to shareholders of 43.8497 million yuan, up 37.50% year over year.
Reported
Nanning Sugar lawsuit judgment becomes effective[5]
Nanning Sugar said the defendant's appeal was treated as automatically withdrawn after the defendant failed to pay the appeal court fee within the deadline, and the trial court's judgment became legally effective on December 30, 2019.
Sources5 sources
- 1Nanning Sugar official websitennsugar.com
- 22023–2024 financial indicators falsely recorded, investigation opened; negative net assets lead to *STstatic.cninfo.com.cn
- 32023–2024 financial indicators falsely recorded, investigation opened; negative net assets lead to *STstatic.cninfo.com.cn
- 4南宁糖业发布2020年业绩food.china.com.cn
- 5南宁糖业诉讼判决生效finance.sina.com.cn
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